Job ID:10003Employment Type:New RoleWorking Business Language:English. This role is considered a head‑office role and will be required to communicate with internal and external stakeholders across Canada where the primary business language for this role is English. As such, the successful candidate must be fully proficient in English.Salary:At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full‑time and part‑time permanent employees are eligible for an annual bonus plan, leave of absence top‑up programmes and provided with generous vacation time, personal days, premium free benefits and a pension plan. The salary offered for this role is estimated to be within the following range: $95,000 - $120,000. Candidates with salary expectations outside of the range are still encouraged to apply.Job Overview Working under minimal supervision, the Senior Compensation & Incentives Specialist contributes to Wawanesa’s success by ensuring that the organization’s broker compensation programmes are developed, designed and implemented to attract, motivate, retain and engage brokers that contribute to the achievement of goals. The Senior Compensation & Incentives Specialist is responsible for designing and delivering insights that optimise broker performance and incentive programmes. This role partners with Actuarial, Finance and Distribution teams to track KPIs, analyse incentive ROI and provide actionable recommendations to support strategic decision‑making.Job ResponsibilitiesEnsure competitive marketing position is achieved through the ongoing review of organisational philosophy, combined with market research and competitive analysis to benchmark compensation programmes.Analyse positioning in the market and make recommendations for the evolution of the organisation’s broker compensation programmes that are reflective of both the organisational philosophy and market expectations.Design and maintain compensation structures to be reflective of economic conditions and industry best practices.Contribute to the design and maintenance of broker incentive programmes, inclusive of communication, that motivate brokers on the achievement of growing profitable books of business.Monitor the effectiveness of existing compensation programmes and recommend modifications based on industry trends, ROI and organisational alignment.Develop and maintain dashboards to monitor broker performance and compensation metrics.Partner with Actuarial and Finance teams to align incentives with profitability targets.Prepare reports and presentations for senior leadership on broker compensation trends.Support data governance, quality and controls to ensure accuracy of performance reporting.Provide coaching, advice, guidance and leadership to Business Development teams to support broker compensation conversations.Ensure broker compensation related legislated requirements and processes are adhered to.Contributed to the development of overall Sales and Distribution Strategy.Perform other duties as assigned.Qualifications5+ years of experience in compensation analysis, incentive compensation or sales compensation, including accountability for variable pay programmes and incentive plan administration.Strong proficiency in data visualisation tools (e.g., Power BI, Tableau) and Excel.Experience working with incentive compensation systems to support plan design, calculations, reporting and payouts (e.g., Varicent or similar platforms).Knowledge of P&C and Life insurance metrics and distribution economics is an asset.Ability to interpret complex data and communicate insights clearly.Strong collaboration skills and ability to work cross‑functionally.Strong analytical and problem‑solving skills with the ability to proactively identify and assess complex and varied issues, opportunities, risks and impacts that support the business.Strong interpersonal skills with the ability to proactively work with all levels of management and employees and foster positive working relations with internal and external stakeholders.Strong desire to learn and improve continuously, keeping abreast of developments in the field and applying learnings to work situations.Strong change management skills, with the ability to embrace change enthusiastically and adapt behaviour to meet the demands of a changing environment.Strong organisational skills, including the ability to multi‑task and prioritise/re‑prioritise.A team player that fosters a collaborative spirit and is a mentor to others.Strong decision‑making skills with the ability to work independently.Achievement of the Certified Compensation Professional designation would be considered an asset.Diversity, Equity, Inclusion&Belonging At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce. We welcome applications from all qualified candidates, including racialised persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender‑diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to All Wawanesa job applicants are subject to Wawanesa’s Privacy Policy. Please note that the recruitment process for this position may involve the use of AI tools to screen, assess or select applicants. All final decisions are taken or reviewed by human recruiters and hiring leaders in compliance with all applicable legislation.#J-18808-Ljbffr